All News

NZ dollar rises to 3-week high amid global growth concerns as dairy prices gain

NZ dollar rises to 3-week high amid global growth concerns as dairy prices gain

By Tina Morrison Oct. 16 (BusinessDesk) - The New Zealand dollar touched a three-week high even amid concerns about global economic growth, and as dairy product prices rose in the latest auction. The kiwi edged close to its key 80 US cent resistance level, touching a high o...

15 Oct 2014
While you were sleeping: Stocks, US dollar slide

While you were sleeping: Stocks, US dollar slide

By Margreet Dietz Oct. 16 (BusinessDesk) - Wall Street dropped after reports showed declines in US retail sales and producer prices, fuelling concern about the impact of the slowdown in the global economy and the effect on corporate profits. In afternoon trading in New York...

15 Oct 2014
Dairy product prices rebound from five-year low

Dairy product prices rebound from five-year low

By Margreet Dietz Oct. 16 (BusinessDesk) - Dairy product prices rose in the latest GlobalDairyTrade auction, recovering from the lowest level in five years, as gains in anhydrous milk fat and sweet whey powder outweighed declines in rennet casein and butter milk powder. The...

15 Oct 2014